This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The government wants to increase its spending by 1 billion to stimulate the economy and is counting ... (Read 39 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
The government wants to increase its spending by 1 billion to stimulate the economy and is counting on the government spending multiplier to hel
 
  A) constructing more low income housing B) a new cruise missile for the military
  C) expanding the school lunch program D) providing textbooks for college students

Question 2

Which of the following statements is correct?
  I. When economists derive the aggregate demand curve, they are looking at the effect of the price level on one commodity only.
  II.
 
  Any non-price-level change that increases total planned real spending on domestic goods shifts the AD curve to the right.
  A) I only B) II only C) Both I and II D) Neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

  • Guest
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Excellent

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Possible Earth 5 billion years from now Possible Earth 5 billion years from now
This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
My Shamrock Counting Book 2023 My Shamrock Counting Book 2023
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library